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Ending diagonal on the e-mini S&P. 15 minute chart attached.

Is 17 the magic number??? Attached is a 30 minute YM e-mini chart of the trading from 6:30am - 1:00pm PT(no overnight). The number of trading periods from the low near the # symbol in the bottom left to IV is 17. From the high at III to the high at 3 is 17 periods. From the high at 3 to...

Mup, your call for 966.00 in the ES this morning was right on. The low in the e-mini ES was 966.00 which should have completed wave 4 of 5. If you see things differently, please share your thoughts. New chart attached...

Mup and anyone who cares to contribute, what are your thoughts on the attached chart? The blue lines in the upper left corner represent price extensions for the end of wave 5... 261.8% of 1 from 2, 161.8% of 1 from 4 extreme, etc. The red lines in the upper right are the .618 and .786...

Yes Mup, your expanding triangle may have forecasted the top in the indices. Today's rally was so steep... it may very well be a buying climax. Notice how sharply the indices have sold off after the close.

Stopped out at 477.00.... now I am really bearish!

I have labeled the attached chart from yesterdays low. Early this morning 5 waves were completed to the upside and an ED formed completing the short term wave 2. I am long the Russell 2000 from 479.1, but still bearish on the stock market and the economy. Looking for this rally to eventually...

I believe the low yesterday at 11:30am was the completion of an A-B-C zig-zag correction in the indices. The C wave was within 5 points of the A wave's length and yesterday's low was clearly the completion of 5 waves down from the B wave. The attached chart is from the June 11 high through...

A 3rd wave if ever I have seen one... we should be in III of (1).

"You have the same count as the EWI crew" Mup, I do not follow Prechter but if his EW count is similar to mine I am happy because his knowledge of EW is way beyond mine. However, I am not happy that your EW count does not agree with mine because your knowledge of EW is also beyond me. Mup...

Landis, I agree... the best shorting opportunity of the last couple of years is near!

Oct. 07 high to yesterdays close. I believe the ideal trade setup is when the technicals and the fundamnetals align.... the real estate market is not close to bottoming, mortgage resets are causing foreclosures and now buyers that have seen their home values decline by 50% are simply walking...

Oct. 02 low to the Oct. 07 high...

"TraderRob also had a 5th wave count at the 07 Oct high". I am currently not trading but still watch the technical analysis on this thread and it continues to get better! Attached is my long term analysis and on the subsequent post my take on the rally from the Oct. 02 low to the Oct. 07...

MUP, Landis, Mu... what are your thoughts on my bearish post? Is anyone bullish? I am interested in your opinions... tell me where you think the market will be in the next 3 - 6 months. Robert

This post will certainly stimulate some interesting debate! I have attached a chart of the decline in the S&P from the October high, labeled it with my wave count and indicated with red lines the 61.8% and 78.6% retracement levels. The rally from 3/17 to 4/7 was 130 points and I have labeled...

My trade setup update... long at 1421, stopped out at 1415. Looking for a tradeable bottom manana!

My trade setup... Buy stop at 1421, protective stop at 1414. Long term I am still bearish... lets see how this short term trade works out.

My trade setup final update. Initial short on the March ES mini on Dec. 11 at 1514. Wednesday of this week moved my protective buy stop from breakeven(1514) to 1476. Stop hit overnight, trade exited with a profit of 38 points or $3800.00 dollars... this market looks like it wants to go higher!

My trade setup update... from the post on Dec. 11 pg. 209. I have labeled the decline from Dec. 11 as an A-B-C and moved my stop from breakeven(1514) to 1476 just above todays high in the March ES. If we take out todays high I no longer want to be short. The rally from yesterdays low looks...